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Wednesday, June 21, 2017

Potash/Agrium (AGU) to become Nutrien (NTR) upon completion of merger

Potash Corporation (POT) and Agrium Inc. (AGU) announced that once the anticipated merger transaction closes, the new company will be named Nutrien. The new organization will be the global leader in reliable, low-cost crop nutrient production, combined with the largest agricultural retail-distribution network in the world.
  • The firm will be world's largest potash miner and No.2 nitrogen fertilizer producer.
  • The regulatory review and approval process for the merger transaction continues and the parties expect closure of the transaction to take place in the third quarter of 2017.

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